In the past week, DD stock has gone up by 9.37%, with a monthly gain of 3.95% and a quarterly surge of 20.61%. The volatility ratio for the week is 1.85%, and the volatility levels for the last 30 days are 1.63% for DuPont de Nemours Inc The simple moving average for the last 20 days is 5.89% for DD’s stock, with a simple moving average of 8.47% for the last 200 days.
Is It Worth Investing in DuPont de Nemours Inc (NYSE: DD) Right Now?
DuPont de Nemours Inc (NYSE: DD) has a higher price-to-earnings ratio of 97.58x compared to its average ratio. DD has 36-month beta value of 1.36. Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for DD is 416.98M, and currently, short sellers hold a 1.29% ratio of that float. The average trading volume of DD on May 08, 2024 was 2.50M shares.
DD) stock’s latest price update
DuPont de Nemours Inc (NYSE: DD)’s stock price has gone rise by 0.97 in comparison to its previous close of 78.53, however, the company has experienced a 9.37% increase in its stock price over the last five trading days. Zacks Investment Research reported 2024-05-07 that Explore DuPont de Nemours’ (DD) international revenue trends and how these numbers impact Wall Street’s forecasts and what’s ahead for the stock.
Analysts’ Opinion of DD
Wells Fargo, on the other hand, stated in their research note that they expect to see DD reach a price target of $69, previously predicting the price at $85. The rating they have provided for DD stocks is “Equal Weight” according to the report published on January 24th, 2024.
BMO Capital Markets gave a rating of “Market Perform” to DD, setting the target price at $72 in the report published on January 24th of the current year.
DD Trading at 7.20% from the 50-Day Moving Average
After a stumble in the market that brought DD to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 0.13% of gains for the given period.
Volatility was left at 1.63%, however, over the last 30 days, the volatility rate increased by 1.85%, as shares surge +2.60% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +13.42% upper at present.
During the last 5 trading sessions, DD rose by +9.37%, which changed the moving average for the period of 200-days by +5.54% in comparison to the 20-day moving average, which settled at $74.98. In addition, DuPont de Nemours Inc saw 3.07% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at DD starting from Weaver Leland, who sale 18,500 shares at the price of $78.40 back on May 06 ’24. After this action, Weaver Leland now owns 24,476 shares of DuPont de Nemours Inc, valued at $1,450,400 using the latest closing price.
Goss Michael G., the Controller of DuPont de Nemours Inc, sale 2,354 shares at $72.80 during a trade that took place back on Mar 13 ’24, which means that Goss Michael G. is holding 15,587 shares at $171,371 based on the most recent closing price.
Stock Fundamentals for DD
Current profitability levels for the company are sitting at:
- 0.03 for the present operating margin
- 0.34 for the gross margin
The net margin for DuPont de Nemours Inc stands at 0.03. The total capital return value is set at 0.01. Equity return is now at value 1.61, with 1.02 for asset returns.
Based on DuPont de Nemours Inc (DD), the company’s capital structure generated 0.25 points at debt to capital in total, while cash flow to debt ratio is standing at 0.25. The debt to equity ratio resting at 0.33. The interest coverage ratio of the stock is 0.91.
Currently, EBITDA for the company is 2.86 billion with net debt to EBITDA at 2.78. When we switch over and look at the enterprise to sales, we see a ratio of 3.19. The receivables turnover for the company is 5.18for trailing twelve months and the total asset turnover is 0.32. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.33.
Conclusion
To put it simply, DuPont de Nemours Inc (DD) has had a better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
